Tuck School of Business at Dartmouth
Tuck Dartmouth

Karin S. Thorburn

Associate Professor of Finance
Associate Director, Center for Corporate Governance

 
Curriculum Vitae (in brief)  
Education  

PhD in Financial Economics, Stockholm School of Economics, Sweden, 1998.
B.Ec ("Civilekonom"), Stockholm School of Economics, Sweden, 1987.

Academic Positions
Curriculum Vitae

Download full CV (PDF)

Tuck School of Business, Dartmouth College
Associate (untenured) Professor of Finance 2002-present
Assistant Professor of Finance 1998-2002

Academic Affiliations

Associate Director of the Center for Corporate Governance, Tuck School of Business at Dartmouth, 2001—present.
Research Affiliate in the Financial Economics Programme of the Centre for Economic Policy Research (CEPR), 2002—present.
Research Associate of the European Corporate Governance Institute (ECGI), 2004—present.
Member of the Academic Advisory Council to the Turnaround Management Association (TMA), 2003—present.

Teaching Interests

Mergers & acquisitions
Corporate restructuring
Corporate finance

Research Interests

Takeovers
Corporate bankruptcy
Corporate restructuring
Corporate governance
Environmental economics

Selected Publications

Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, 2009, “Merger Negotiations and the Toehold Puzzle,” Journal of Financial Economics 91, 158-178.

Eckbo, B. Espen, and Karin S. Thorburn, 2009, “Creditor Financing and Overbidding in Bankruptcy Auctions,” Journal of Corporate Finance 15, 10-29.

  • Received Best Paper Award, Journal of Corporate Finance.

Eckbo, B. Espen, and Karin S. Thorburn, 2008, “Automatic Bankruptcy Auctions and Fire-Sales,” Journal of Financial Economics 89, 404-422.

Hotchkiss, Edith S., Kose John, Robert M. Mooradian and Karin S. Thorburn, 2008,"Bankruptcy and the Resolution of Financial Distress," in B. Espen Eckbo (ed.), Handbook of Corporate Finance: Empirical Corporate Finance, Vol. 2, Elsevier/North-Holland, Ch. 14, 234-287.

Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, 2008, “Corporate Takeovers,” in B.E. Eckbo (ed.) Handbook of Corporate Finance: Empirical Corporate Finance, Vol. 2, Elsevier/North-Holland, Ch. 15, 289-427.

Eckbo, B. Espen, and Karin S. Thorburn, 2008, “Corporate Restructuring: Breakups and LBOs,” in B.E. Eckbo (ed.) Handbook of Corporate Finance: Empirical Corporate Finance, Vol. 2, Elsevier/North-Holland, Ch. 16, 429-493.

Eckbo, B. Espen, and Karin S. Thorburn, 2003, “Control Benefits and CEO Discipline in Automatic Bankruptcy Auctions,”Journal of Financial Economics 69, 227-258.

Thorburn, Karin S., 2003, “Corporate Governance Practices in Europe: ‘Enron’ Antidote?,” Vermont Law Review 27, 887-907.

Thorburn, Karin S., 2000, “Bankruptcy Auctions: Costs, Debt Recovery, and Firm Survival,” Journal of Financial Economics 58, 337-368, lead article.

Eckbo, B. Espen, and Karin S. Thorburn, 2000, “Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada,” Journal of Financial and Quantitative Analysis 35, 1-25, lead article.

Working Papers

Fisher-Vanden, Karen, and Karin S. Thorburn, 2008, “Voluntary Corporate Environmental Initiatives and Shareholder Wealth.”

  • Featured in the New York Times and International Herald Tribune on 3/26/08, in the Economist.com on 4/16/08, in La Tribune on 6/10/08, and in Business Week on 6/30/08.

Betton, Sandra, B. Espen Eckbo and Karin S. Thorburn, 2008, “Markup Pricing Revisited.”

Eckbo, B. Espen, and Karin S. Thorburn, “Creditor pre-filing actions, asset dispositions and CEO wealth effects of bankruptcy.”

Other Work in Progress

Eckbo, B. Espen, Darius Palia and Karin S. Thorburn, “CEO Compensation, Pay-Performance Sensitivity, and Total Executive Wealth.”

Betton, Sandra, B. Espen Eckbo, Karin S. Thorburn and Melissa Toffanin, “Bidder Returns and the Source of Cash-Financing in Takeovers.”